Hey guys i got confused here a little bit … can somebody explain this to me …

they wrote in this example:

to determine the portfolio positioning: 100 Million 30-year Bonds have a money duration of 100*1972.

it is given that duration is 19.72 and PVBP/ Million is 1972 for 30 years Bonds.

the question is: how did they calculate the money duration here?

I thought it should be the PVBP * 10000.

can u help. Thanks in advance.